Financial Conflict of Interest Policy
The TWU Financial Conflict of Interest (FCOI) Policy 5.30 (Financial Conflict of Interest in Research and Sponsored Projects) requires that investigators responsible for the design, conduct, or reporting of research on proposed, awarded, or ongoing TWU research projects or educational activities disclose all significant financial interests (SFIs) that may be related to the investigator’s institutional responsibilities. The policy applies to proposals and sponsored projects supported by the Public Health Service of the U.S. Department of Health and Human Services (PHS) including the National Institutes of Health (NIH), the National Science Foundation (NSF), other Federal agencies as necessary to comply with regulations, or other funding entities as necessary to maintain objectivity in research.
Investigators on applicable projects must disclose SFIs, including those of a spouse or dependent children, when the interest reasonably appears to be related to the investigator’s institutional responsibilities. Disclosure requirements also apply to investigators on PHS funded projects whose travel related to institutional responsibilities was either sponsored by or reimbursed by an external entity. See TWU's FCOI Procedures for definitions and exceptions.
An FCOI Significant Financial Interest Disclosure Form must be submitted to the Director of Operations, Office of Research & Sponsored Programs (ORSP):
- Prior to submission of a proposal,
- Prior to the expenditure of awarded funds,
- Annually on the anniversary of prior disclosures,
- Within 30 days of acquiring an additional SFI.
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